Why is Choksi Asia falling/rising?

As of 20-Oct, Choksi Asia Ltd's stock price is currently at Rs 101.65, reflecting an increase of Rs 7.05 or 7.45%. The stock has shown strong performance today, outperforming its sector by 7.24% and has been on a consecutive gain streak for the last two days, accumulating a total return of 18.2% during this period. It opened with a significant gain of 5.71% and reached an intraday high of Rs 103.5, which is a 9.41% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 297.97% compared to the 5-day average. However, there is no information available regarding positive or negative factors that could influence the stock's movement.
Broader market context shows that Choksi Asia Ltd has significantly outperformed the benchmark Sensex in various time frames. Over the past week, the stock has risen by 19.06% compared to the Sensex's 2.47%, and it has also outperformed the benchmark over the past month, year-to-date, and year, with returns of 10.66%, 8.29%, and 37.38%, respectively. The stock's impressive 3-year return of 89.82% and 5-year return of 639.27% further highlight its strong performance relative to the broader market, which has seen a 42.50% and 108.08% increase, respectively. This consistent outperformance suggests that investor confidence in Choksi Asia Ltd remains robust, contributing to its rising stock price.